Applied Digital Corporation (APLD)

NASDAQ: APLD · Real-Time Price · USD

27.26

+1.33 (5.13%)

At close: Mar 23, 2026, 4:00 PM EDT

27.17

-0.09 (-0.33%)

Pre-market: Mar 24, 2026, 4:25 AM EDT

Applied Digital Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	281.74	144.19	136.62	55.39	8.55	-
Revenue Growth (YoY)	78.25%	5.54%	146.64%	547.94%	-	-
Cost of Revenue	235.55	101.45	106.65	44.39	9.51	-
Gross Profit	46.19	42.74	29.97	11	-0.96	-
Selling, General & Admin	136.96	83.07	45.02	53.92	19.94	0.33
Other Operating Expenses	2.26	-23.48	17.8	-	-	-
Total Operating Expenses	139.23	59.59	62.82	53.92	19.94	0.33
Operating Income	-92.89	-16.85	-32.85	-42.91	-20.9	-0.33
Interest Expense	-28.82	-14.74	-17.71	-2.01	-0.11	-0.24
Other Non-Operating Income (Expense)	9.47	-126.65	-23.72	-0.09	-0.94	-
Total Non-Operating Income (Expense)	-19.35	-141.39	-41.43	-2.1	-1.05	-0.24
Pretax Income	-113.42	-158.23	-74.28	-45.01	-21.95	-0.57
Provision for Income Taxes	0.12	0.1	0.1	-0.52	-0.54	-
Net Income	-232.64	-464.75	-298.95	-90.25	-23.53	-0.57
Minority Interest in Earnings	-3.06	-	-0.4	-0.96	-0.01	-
Net Income Attributable to Preferred Dividends	5.09	2.62	-	-	-	-
Earnings From Discontinued Operations	-5.92	-72.73	-75.3	-1.12	-1.04	-
Net Income to Common	-232.64	-464.75	-298.95	-90.25	-23.53	-0.57
Shares Outstanding (Basic)	245	201	114	94	57	2
Shares Outstanding (Diluted)	245	201	114	94	57	2
Shares Change (YoY)	62.06%	76.39%	21.37%	64.52%	3680.20%	-99.98%
EPS (Basic)	-0.54	-1.16	-1.31	-0.47	-0.41	-0.38
EPS (Diluted)	-0.54	-1.16	-1.31	-0.47	-0.41	-0.38
Free Cash Flow	-1,342	-797.01	-128.02	-72.54	-55.85	-3.39
Free Cash Flow Per Share	-5.48	-3.96	-1.12	-0.77	-0.98	-2.24
Gross Margin	16.40%	29.64%	21.93%	19.87%	-11.19%	-
Operating Margin	-32.97%	-11.68%	-24.05%	-77.47%	-244.45%	-
Profit Margin	-27.68%	-109.81%	-54.44%	-80.31%	-263.02%	-
FCF Margin	-476.46%	-552.73%	-93.70%	-130.96%	-653.25%	-
EBITDA	-42.97	81.1	46.51	-35.3	-19.78	-0.33
EBITDA Margin	-15.25%	56.24%	34.04%	-63.72%	-231.35%	-
EBIT	-92.89	-16.85	-32.85	-42.91	-20.9	-0.33
EBIT Margin	-32.97%	-11.68%	-24.05%	-77.47%	-244.45%	-
Effective Tax Rate	-0.11%	-0.06%	-0.13%	1.16%	2.46%	0.00%

Updated Nov 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q